This page reflects CRVS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — CRVS
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $14.00 (1.23 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$14.00
Nearest expiry
Expected Move
±$1.75
±11.5%
Days to Expiry
15
Calendar days
Total Call OI
10,582
Nearest expiry
Total Put OI
5,057
Nearest expiry
P/C OI Ratio
0.48
Put-heavy
Spot Price
$15.23
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$16.00
5/15/2026, 11:08:29 PM
2026-06-18
$12.00
6/18/2026, 11:08:36 PM
2026-07-17NextUpdated
$14.00
7/3/2026, 11:07:40 PM
2026-08-21
$14.00
7/3/2026, 11:07:40 PM
2026-10-16
$12.00
7/3/2026, 11:07:40 PM
2027-01-15
$12.00
7/3/2026, 11:07:40 PM
Selected expiration: 2026-07-17 at max pain $14.00.
CRVS pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
6555700
6555700
2
600
6050000
6050600
3
2000
5544500
5546500
4
3500
5039200
5042700
5
5300
4538100
4543400
6
9700
4037000
4046700
7
14300
3535900
3550200
8
24900
3045800
3070700
9
64400
2556400
2620800
10
158700
2068000
2226700
11
287500
1592300
1879800
12
428500
1136300
1564800
13
597100
698600
1295700
14
835900
307000
1142900
15
1283300
72300
1355600
16
1847800
29400
1877200
17
2424400
17000
2441400
18
3015900
14200
3030100
19
3659700
11600
3671300
20
4342600
9300
4351900
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.